USD/JPY Extends Through 158.906

Research preview

Scenario plan Scenario Confirmation Invalidation Bullish continuation D1 close above 159.423, then retest holds. Back below pivot 160.405 Range continuation Price keeps rejecting both nearest support and resistance. Clean D1 close outside the range Bearish continuation D1 close below 158.906, then failed retest. Back above pivot 160.405 Risk And Invalidation Risk remains level-led. The invalidation level matters more than the headline bias; reduce size around data releases and avoid treating the first reaction as confirmation without a retest. USD/JPY Pivot And Support Resistance Levels The range map defines where conviction should increase and where it should be reduced. USD/JPY is mapped against a daily pivot at 160.405, with first resistance...